What to do if your business partners aren't pulling their weight

08/6/2014 | FastCoCreate

There is great value in finding a business partner with whom you share great chemistry, writes Joshua Wolf Shenk, author of "Powers of Two: Seeking the Essence of Innovation in Creative Pairs." However, partners may need to take steps to make sure they all put in an appropriate amount of work and are being compensated fairly. Wolf Shenk advised the harder-working partner in one situation that "it's on you to set up a workable structure. Find a way for her to face some consequences if she doesn't show up and play. Maybe she's an employee to whom you pay a salary. Maybe you split profits but keep a controlling interest."

View Full Article in:

FastCoCreate

Published in Brief: